-EPW Despite curative measures and judgments, undertrials who are Poor continue to rot in jails. The public debate over bail to the 2G spectrum accused and the controversy over the parole granted to murder convict Manu Sharma has unfortunately sidestepped a much more pressing concern – the plight of Poor undertrial prisoners who have spent years inside jail without being convicted of any offence. A series of Supreme Court judgments over the...

It will provide credit risk guarantee to banks on the loans Prime Minister Manmohan Singh on Tuesday announced that the Centre was considering setting up a credit risk guarantee fund with a corpus of Rs. 1,000 crore, to start with, to encourage banks to lend to the Poor for housing. Emphasising that developing housing for the Poor was critical for sustainable urban development, he said: “To encourage banks to lend in significant...

The government believes it is more important to be seen to be doing things than to be doing them well. The proposed food security legislation is another example of this tendency. The legislation exemplifies the self-defeating obduracy of bureaucratic modes of thinking. But the debate around it also exemplifies a failure of intellectual argument in India. Our debates often have this character. First, we spend a lot more time arguing...

Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...

-The Telegraph   New laws are often brought in without assessing their judicial and financial impact. The result is Poor implementation, says Seetha Call it collateral damage. According to newspaper reports, agriculture minister Sharad Pawar has written to the Prime Minister asking for the National Rural Employment Guarantee Act (NREGA) to be put on hold during the peak season of agricultural operations. With a guaranteed income of Rs 100 a day for at...